UK Markets close in 57 mins

Redde Northgate Plc - Result of AGM

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·4-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Redde Northgate plc

Proxy voting results for the AGM held on 20 September 2021

At the Annual General Meeting of Redde Northgate plc (the "Group") held at 10.30am on 28 October 2020 the total number of votes received on each resolution were as follows:

Resolutions

Votes
For

% of Votes

Votes Against

% of Votes

Total
Votes

Votes cast as % of Issued Share Capital

Votes Withheld

1

To receive the Directors' Report and audited accounts of the Company for the year ended 30 April 2021 (Annual Report and Accounts)

192,692,737

98.44

3,061,445

1.56

196,430,596

79.82

676,414

2

To declare a final dividend of 12.0 pence per ordinary share payable to the shareholders on the register at the close of business on 3 September 2021, as recommended by the Directors.

192,938,715

98.22

3,488,969

1.78

196,430,596

79.82

2,912

3*

To approve the Directors' Remuneration Report in the form set out on pages 71 to 83 of the Annual Report and Accounts (see notice)

119,548,493

62.36

72,170,628

37.64

196,430,596

79.82

4,711,475

4

To appoint PricewaterhouseCoopers LLP as auditor of the Company to hold office until the conclusion of the next Annual General Meeting

195,899,411

99.73

526,773

0.27

196,430,596

79.82

4,412

5

To authorise the Audit and Risk Committee, for and on behalf of the Board, to determine the remuneration of the auditor

196,424,543

99.99

2,935

0.01

196,430,596

79.82

3,118

6

To re-elect Avril Palmer-Baunack as a director

172,895,368

88.6

22,251,738

11.4

196,430,596

79.82

1,283,490

7

To re-elect Mark Butcher as a director

185,956,804

94.67

10,469,100

5.33

196,430,596

79.82

4,692

8

To re-elect John Pattullo as a director

165,618,045

84.32

30,807,681

15.68

196,430,596

79.82

4,870

9

To re-elect Philip Vincent as a director

195,793,082

99.68

632,822

0.32

196,430,596

79.82

4,692

10

To elect Martin Ward as a director

196,157,399

99.86

268,505

0.14

196,430,596

79.82

4,692

11

To elect John Davies as a director

158,257,262

81.85

35,088,438

18.15

196,430,596

79.82

3,084,896

12

To elect Mark McCafferty as a director

195,744,662

99.65

681,064

0.35

196,430,596

79.82

4,870

13

That the Board be authorised to allot shares in the Company up to an aggregate nominal amount of 40,974,222 GBP (see notice)

195,243,714

99.4

1,179,487

0.6

196,430,596

79.82

7,395

14

That subject to the passing of Resolution 13, the Board be authorised to allot equity securities for cash (see notice)

196,080,530

99.83

339,671

0.17

196,430,596

79.82

10,395

15

That subject to the passing of Resolution 13, the Board be authorised to allot equity securities for cash and/or sell ordinary shares (see notice)

194,868,344

99.21

1,551,282

0.79

196,430,596

79.82

10,970

16

That a general meeting, other than an Annual General Meeting, may be called on not less than 14 clear days’ notice

194,420,464

98.98

2,006,215

1.02

196,430,596

79.82

3,917

17

That the Company be authorised to make market purchases of ordinary shares of 50p each (see notice)

195,815,738

99.73

537,703

0.27

196,430,596

79.82

77,155

Notes:

1. Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

2. The Group's issued capital (excluding treasury shares) at the date of the meeting was 246,091,423 ordinary shares of 50p each and 1,000,000 preference shares of 50 pence each which do not carry voting rights on the above resolutions. Each ordinary share carried the right to one vote and, therefore, at the date of the meeting there were 246,091,423 voting rights in the Group.

3. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "for" and "against" a resolution.

* The company notes the result in respect these resolutions and will consult with shareholders to understand the specific issues and address any outstanding matters.

For further information, please contact:

Redde Northgate plc

Nicholas Tilley, Company Secretary 44 (0)3445 170095

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting